SpaceX enters 40 billion dollar deal with Apollo Global Management affiliate

SpaceX signed an agreement with an affiliate of Apollo Global Management to secure 40 billion dollars in funding. The aerospace firm intends to complete the transaction by 31 December 2026.
Each lease associated with the deal will last slightly more than five years starting from the date the equipment reaches its destination. Leases are expected to begin during the first half of 2027.
Elon Musk stated the company is "closed" on a 40 billion dollar figure. Musk noted that the capital is primarily intended for chips arriving during the first and second quarters.
Bret Johnsen estimated the funding amount to be between 35 billion dollars and 40 billion dollars. Reuters reported that SpaceX held discussions with asset managers and banks to raise 40 billion dollars specifically to purchase Nvidia chips.
























































